Downstream petrochemical news

Asia is poised to dominate the global ethylene glycol capacity additions by 2030 due to surging domestic demand and sustained investment in petrochemical infrastructure, GlobalData has reported.

Worley has been selected by Dow to provide FEED services under a new EPCM contract for the cogeneration component of Dow’s Path2Zero project in Fort Saskatchewan, Alberta, Canada.

Meghna PVC Ltd has taken a decisive step to reinforce long-term steel integrity by adopting a structured, data-driven approach to proactively maintain its assets through a partnership with Jotun.

SK Minerals & Additives Ltd has announced a major expansion of its production capacity at its Khanna facility near Ludhiana, Punjab, India.

TA’ZIZ has announced that the TA’ZIZ Methanol Co. has achieved financial close on US$2 billion (AED7.34 billion) financing for the UAE’s first world scale methanol plant in Al Ruwais Industrial City.

Borouge Plc is set to deliver the first batch of Cross-Linkable Polyethylene (XLPE) materials from its Borouge 4 expansion project this quarter, further supporting the development of the UAE’s energy sector.

LyondellBasell has announced that it has completed the sale of select European olefins and polyolefins assets, and the associated business and corporate functions, to AEQUITA.

TA’ZIZ and Alpha Dhabi Holding have announced a strategic collaboration agreement for ~$10 billion (AED36.7 billion) in capital investment in new industrial chemicals in the TA’ZIZ industrial chemicals ecosystem in the UAE.

TA’ZIZ has announced the signing of long-term agreements spanning offtake, feedstock, and sales across its chemicals portfolio valued at US$28.5 billion (AED104.6 billion).

INEOS Acetyls and Sandpiper Chemicals, LLC today announced the formation of a strategic collaboration in support of Sandpiper’s low-carbon methanol production facility in Texas City, Texas, US.